a).obtain year end grn , check date ,during the period, include-same with 3
bank statement -check if payment is made during the year
identify list of grn without invoice(accruals)
compare last year vs current year suppliers - any differences /major changes-discuss and obtain understandings
source doc - gl
finalisation
1.Obtain year end grn without invoices to confirm the amount have been included in the accruals
2.Select sample of payments made to suppliers and match with the payment amount to bank statements to confirm the payment made during the year.
3.Compare total payable for last year and current year to identify any major fluctuations and if there is any investigate on the differences.